Photo helping to sell an investment in Leeds

SOLD

Location iconGrove House Court, Leeds, LS8 2NQ

Purple bed icon15 bedrooms

Purple bath icon7 bathrooms

Guide price £780,000

Property Summary

  • Prime Residential Investment Opportunity
  • x6 Two Bedroom Flats
  • x1 Three Bedroom House
  • x8 Lock-Up Garages Within A Courtyard
  • Over £52,000 Gross Rental Income
  • Further Rent & Capital Growth Potential
  • Excellent North Leeds Residential Area
  • Available Fully Managed If Required

“We enjoyed selling this investment property in Leeds on behalf of our client”, says Michael Moore, a Director at Moores”.

“It was a development ideal for tenants needing need access to the Ring Road or any of the north Leeds suburbs with the Leeds Outer Ring Road only a short drive away. Access into town was also quick and convenient and the amenities of Roundhay and Oakwood are close by, and Roundhay Park is within walking distance. The A1-M1 link road is to the east, and Leeds Bradford airport 7 miles to the west. Commuting from here to York, Harrogate or Bradford is relatively easy. As an investment property in Leeds, this is one of those developments in which there’s obvious potential for further growth, whether that be the rental or capital values – or both.”

Angie Wright, the Director at Moores responsible for managing Grove House Court for the past 15 years says:

“This is a nice combination of two bedroom flats, a 3 bedroom town house and 8 garages, all of which have been a pleasure to let and manage. We’ve always managed to attract quality tenants, who respect the peaceful setting the development is in, getting along with one another and looking after their respective accommodation.

Over the years our client had invested more into the properties, upgrading kitchens and bathrooms, installing gas central heating to some and reroofing the block. I believe there’s more potential to be generated from the properties, especially with some individual interior design work. My team and I would be happy to continue managing and developing these properties with the new owners.”

Property Location

From Oakwood Clock on Roundhay Road proceed north along Wetherby Road. After approximately 400m turn right into North Lane. Continue along North Lane for 300m turning right into North Grove Close. Grove House Court is located on the right-hand side behind the tall hedging, before you reach the semi-detached housing. There is unrestricted parking in North Grove Close. The garages are located in a courtyard to the rear of 60 North Lane. The courtyard is private, for residents only. Potential buyers attending viewings are respectfully requested not to park in the courtyard.

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I knew my gut and head instinct to choose Moores was the right one – to my mind you are head and shoulders above any other firm I have come into contact with over my whole Headingley house-search. Very grateful to you for everything.

– Miss T

I’ve just left a Moores managed property after ten years renting there and I have always found them very professional. I liked the regular inspections, and maintenance always dealt with any issues quickly, even non-urgent ones. Communication was excellent, I’ve always been very happy with the service. I was sorry to leave.

– Hergerbabe Atkins

We bought our house through Moores and had a fantastic experience with the team, especially Michael. He was a brilliant communicator and kept us informed at every turn, ensuring the smooth purchase of our lovely home. Thank you!

– Freya Stockford

Thank you so much for all the hard work you did to ensure we got this house – we absolutely adore it… We really enjoyed working with you!

– Ms S & Mr F

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